Monthly Archives: August 2016

For the first time in at least 5000 years we have driven interest rates below the zero marker Negative yielding bonds used to be considered impossible.Now they are metastasizing beyond $13.4 Trillion along with central bank policies. A quarter of … Continue reading →

“Impossible” divergence between S&P 500 and two key growth indicators Biggest ever gap between S&P 500 and productivity Last week”s NFP jobs number was miraculously boosted by an astonishing change in the seasonal adjustment. Even at face value all the … Continue reading →

Corporate Profits And Margins Peaked In 2014 Last 50 Years: This Decline In Earnings Always Led To An Equity Bear Market The Latest GDP Data says something very similar about recessions Ex-Consumption Nominal GDP Is Already In Recession As Real … Continue reading →